>> we've heard so much about it during the presidential election and now that the president has been gnawiinaugurd for the second term. how much leverage do the republicans have. and the president didn't touch on either of those thing in his inaugural address. >> he made clear in his inaugural address he was not, the cuts in medicare and social security, and newest entitlement, middle class health insurance entitlement. he made it clear he doesn't want to do that and that's where the republicans want to go, because those are, and this is agreed and the president use today point this out the biggest drivers of deficits and debt. he's drawing a line he's not going to go there. republicans will be-hard pressed to go there, but at least in their point of view, hold on the line of spending and not go up as much as it was supposed to. >> and chris, you mentioned this only lasts until may 18th. is that what we can expect now days from our lawmakers, forever of the kicking of the can down the field and do we only-- the best we can hope for is a three-month extension? >> well, look, it's true